Rancho Temecula Town Center has been sold. The 165,486-square-foot shopping center at Winchester and Nicolas roads sold for $60 million, according to a statement released Tuesday by CBRE Group Inc. The facility, which was opened in 2007, includes Starbucks, Navy Federal Credit Union, Juice It Up, Bev Mo, and Wings-N-Things. …
Read More »NAIOP’s annual look at Inland economy scheduled
NAIOP Inland Empire will hold its annual Mid-Year Market Review June 19 at the Ontario Convention Center. Chris Thornberg, economist and founding partner with Beacon Economics LLC in Los Angeles, will lead a discussion on the state of the Inland Empire economy and how it’s influencing commercial real estate. Thornberg …
Read More »IE back in a house-flipping mood
The Inland Empire is once again among the national leaders in housing flips. Irvine-based RealtyTrac has listed the two-county region among the top 10 counties in the United States during the past year, according to a report in The Press-Enterprise. All of the counties had at least 1,000 flips during …
Read More »Major logistics facility breaks ground in Rancho Cucamonga
A groundbreaking ceremony was held yesterday on a 1.5-million-square-foot logistics facility in Rancho Cucamonga. Goodman Birtcher, the North American subsidiary of Goodman Group, the largest industrial property development company in Australia, is developing the two-building project. The first structure, which will cover 555,000 square feet, is expected to be finished …
Read More »Logistics center vote delayed
The Eastvale City Council has postponed its decision on a major warehouse-distribution development. By a 3-2 vote, the council decided Wednesday not to vote on the Goodman Commerce Center, a proposed 2.7-million-square-foot project, according to a report published in The Press-Enterprise. Council members delayed their vote after receiving a letter …
Read More »Retirement community to open
A luxury retirement community is scheduled to open this summer Crossroads in Upland. Oakmont of San Antonio Heights is scheduled to open in July at Euclid Avenue and 24th Street, according to a statement by Oakmont Senior Living, the project’s developer. In April, more than 300 people toured the 75,000-square-foot …
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